News Archives for Markets - 2021-03-30

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Commodities

Gold slides 2pc to near 3-week trough as U.S. yields surge

The dollar index jumped to a more than four-month high, making greenback-denominated gold more expensive for holders of other currencies.

Updated 31 Mar, 2021 12:05am

Commodities

Soy, corn, wheat futures down ahead of USDA data, quarter's end

Wheat also declined, with a firmer dollar hanging over the market along with spillover weakness from broad declines in commodities.

Updated 31 Mar, 2021 12:05am

Commodities

EU wheat hits 2021 low as Algeria tender fails to boost sentiment

May milling wheat on Paris-based Euronext, the last available contract for the 2020 harvest, settled down 1 euro, or 0.5pc, at 209.75 euros a tonne.

Updated 31 Mar, 2021 12:05am

Commodities

Gold slides 2pc to 3-week low on surging US yields

Benchmark US 10-year Treasury yields hit 14-month high.
Dollar index jumps to four-month peak.
Palladium rises after Monday's 5.5% decline.
Crucial support for gold at $1,670/oz –analyst.

Published 30 Mar, 2021 08:39pm

Commodities

Soybeans falls for 4th session on US planting prospects, corn flat

Soybean drops on expectations of higher US planting.
Corn flat, wheat down after 2 days of gains.

Published 30 Mar, 2021 07:12pm

Commodities

Palm drops to five-week low on weak rival oils, sluggish demand

The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange dropped 4.6% to 3,574 ringgit ($861.41) a tonne at closing time, the lowest closing level since Feb. 22.
Palm oil tracked rival soyoil down as soy was pressured by an upbeat planting outlook in the U.S, a palm oil trader in Kuala Lumpur said.

Published 30 Mar, 2021 05:59pm

Commodities

Dollar, inventories weigh on copper prices

Benchmark copper was down 0.7% at $8,804 a tonne.
Stocks of copper in LME registered warehouses rose 10,500 tonnes to 142,550 tonnes, a rise of more than 90% since the start of March.

Published 30 Mar, 2021 05:43pm

Commodities

Gold slides more than 1pc to 3-week low as US yields climb

US Treasury yields hit 14-month high.
Dollar index jumps to four-month peak.
Palladium inches up after Monday's 5.5% decline.
Crucial support for gold at $1,670/oz –analyst.

Published 30 Mar, 2021 05:41pm

Commodities

Russia's gold production falls slightly in 2020

The country also produced 965.73 tonnes of silver last year, a figure lower than the 996.17 tonnes it produced in 2019.

Published 30 Mar, 2021 05:39pm

Commodities

Palm falls on weak demand from top buyers, March data awaited

The USDA is scheduled to release its annual US planting intentions and quarterly grain stocks reports on March 31.

Published 30 Mar, 2021 11:28am

Commodities

CBOT soybeans decline on US weather, positioning ahead of USDA

Analysts expect the USDA's March 31 planting intentions report to show an expansion in US plantings of corn and soybeans compared to last year, while March 1 soybean stocks are expected to be down 32% from a year earlier.

Published 30 Mar, 2021 11:20am

Commodities

CBOT wheat ends higher on bargain buying after three-month low

CBOT May soft red winter wheat settled up 3-1/2 cents at $6.16-3/4 per bushel, after a drop to $6.07-1/4, its lowest since Dec. 22.

Published 30 Mar, 2021 11:13am

Commodities

Corn falls 1%, soy drifts lower on US plantings outlook

The USDA is scheduled to release its annual US planting intentions and quarterly grain stocks reports on March 31.

Published 30 Mar, 2021 11:11am

Commodities

Palm oil edges up

KUALA LUMPUR: Malaysian palm oil futures ended higher on Monday, as lower-than-expected production data and a...